4708 Robinson RdJackson, MS 39204

Property Details for 4708 Robinson Rd

Year built

1997

Lot size

7.22 AC

Property size (Sq ft)

31,753 SF

Property type

Retail properties

Property subtype

Retail space

APN

0832 0250 005

APU

8320250005

Description

This exceptional 31,317-square-foot industrial property, formerly occupied by Office Depot, presents a significant opportunity in Jackson. The building, constructed in 1990, is classified as Class B and offers a single-tenant occupancy configuration, with the entire space currently vacant. The property encompasses three acres of land, providing ample space for operations and parking. A key feature is the inclusion of a functional truck dock, facilitating efficient loading and unloading. The strategic location offers convenient access to Interstate 20, enhancing logistics and distribution capabilities. This versatile space is suitable for a variety of industrial uses, including warehouse, manufacturing, or research and development (R&D) operations. The property's size and features make it ideal for businesses seeking a substantial footprint in a well-connected location. Furthermore, an additional 30 acres of adjacent land are available for purchase, offering potential for expansion or future development. This presents a unique opportunity to acquire a significant industrial property with considerable growth potential in a prime Jackson location. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Interested parties are encouraged to inquire for further details and scheduling a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $7,596,854

  6.5%

  $7,012,480

  7%

  $6,511,589

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,103,810

  Geo Method

  $15,608,225

• Alternative Use

  Use

  Valuation

  Residential

  $5,915,290

  Hospitality

  $5,418,374

  Educational

  $4,508,023

  Medical

  $4,663,061

  Retail

  $7,012,480

Location Insight

City

Jackson

County

Hinds

State

Mississippi

Latitude

32.2967

Longitude

-90.2578

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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